Madison Square Garden Entertainment (NYSE:SPHR – Get Rating) is one of 35 public companies in the “Amusement & recreation services” industry, but how does it compare to its rivals? We will compare Madison Square Garden Entertainment to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, dividends, profitability, valuation and risk.
Volatility & Risk
Madison Square Garden Entertainment has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500. Comparatively, Madison Square Garden Entertainment’s rivals have a beta of 1.52, suggesting that their average share price is 52% more volatile than the S&P 500.
Earnings and Valuation
This table compares Madison Square Garden Entertainment and its rivals top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Madison Square Garden Entertainment | $1.94 billion | -$194.40 million | -5.92 |
Madison Square Garden Entertainment Competitors | $1.50 billion | -$4.14 million | 2.27 |
Insider and Institutional Ownership
73.3% of Madison Square Garden Entertainment shares are owned by institutional investors. Comparatively, 34.6% of shares of all “Amusement & recreation services” companies are owned by institutional investors. 24.6% of Madison Square Garden Entertainment shares are owned by company insiders. Comparatively, 32.0% of shares of all “Amusement & recreation services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Madison Square Garden Entertainment and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Madison Square Garden Entertainment | -7.20% | -3.21% | -1.12% |
Madison Square Garden Entertainment Competitors | -1,580.85% | -48.27% | -261.72% |
Analyst Ratings
This is a summary of current recommendations for Madison Square Garden Entertainment and its rivals, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Madison Square Garden Entertainment | 0 | 2 | 0 | 0 | 2.00 |
Madison Square Garden Entertainment Competitors | 15 | 176 | 392 | 4 | 2.66 |
Madison Square Garden Entertainment presently has a consensus target price of $25.00, indicating a potential upside of 5.89%. As a group, “Amusement & recreation services” companies have a potential upside of 25.35%. Given Madison Square Garden Entertainment’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Madison Square Garden Entertainment has less favorable growth aspects than its rivals.
Summary
Madison Square Garden Entertainment rivals beat Madison Square Garden Entertainment on 8 of the 13 factors compared.
About Madison Square Garden Entertainment
Madison Square Garden Entertainment Corp. provides entertainment experiences. The Company presents or hosts events in its diverse collection of venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA and The Chicago Theatre. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cath?drale. Madison Square Garden Entertainment Corp. is based in NEW YORK.
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